Structured Settlements - Purchasing a Structured Settlement Posted On : Nov-05-2011 | seen (361) times | Article Word Count : 458 |
Structured settlements are becoming common these days and one can find many such deals even on the internet. Structured settlements are becoming common these days and one can find many such deals even on the internet. One of the main reasons the structured settlement trend is becoming common is because of its regular promise of cash flow.
There is no lengthy definition for the term structured settlements Isaiah Johnson Raiders Jersey , as one can refer to it to be a consistent sum of money being credited to the receiver on a periodic basis. This basically takes place mostly between a company and a person, although there are other instances as well. The amount and the terms of payment are settled by the court Maxx Crosby Raiders Jersey , often as a judgment resulting from a lawsuit or injury claim. You may have also noticed that some people become instantly rich these days when they strike a claim against an organisation. They are often awarded structured settlements which they choose to receive in full lump sum structured settlement.
But there is a twist in this type of settlement, as although the amount or compensation can be massive Trayvon Mullen Raiders Jersey , the amount is provided to the person in small increments over a long period of time. Here the receiver of the compensation enjoys a regular income stream but there can